steven787 said:
It doesn't matter who or what you tax, it all ends up pretty much the same in the end. I disagree. Taxes need to go up. Too much talk of spreading the wealth with out talk of spreading the burden. Tax U.S. based corps, they move. Jobs are lost. Income taxes need to go up. Sucks, but that's life. Subsidize food, health care, housing, education. That way the poorest pay about the same (which is nothing) and have better healthcare, while everyone else is now getting a living credit, instead of a standard deduction. Meanwhile, eliminate payroll taxes on the first 10k and raise minimum wage, so people are spending instead of the government in the longterm. Eliminate interest free student loans. Increase student grants. Raise taxes on savings over a certain amount.
You can only tax the rich so much, before they just take their money elsewhere. |
You guys expect to be given everything by the govt? If so, Europe has nice real estate that you might like. Also, if you tax a corp. they will increase the price for their goods and services to recoup losses. You think their will be no repercussions from an Obama tax? Food prices today will be dirt cheap compared to the results of increases corporation windfall taxes and gasoline will increase as OPEC will maintain a policy to make up for lost funds.
It is a no win situation.








